Institutional Securities — Interest Income (Expense), Operating

Business Segments · Interest Income (Expense), Operating

Morgan Stanley Institutional Securities — Interest Income (Expense), Operating increased by 45.8% to $754.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $677.00M to $754.00M. Over 4 years (FY 2021 to FY 2025), Institutional Securities — Interest Income (Expense), Operating shows a downward trend with a -4.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

A higher net interest income indicates effective management of the spread between assets and liabilities, contributing to overall profitability.

Detailed definition

The net result of interest income minus interest expense, representing the net interest margin generated by the firm's o...

Peer comparison

Comparable to Net Interest Income (NII) at commercial and investment banks.

Metric ID: ms_segment_is_interest_income_expense_operating

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$610.00M$716.00M$681.00M$681.00M$546.00M$520.00M$208.00M$223.00M-$118.00M$51.00M$65.00M-$35.00M$298.00M$439.00M$677.00M$469.00M$465.00M$517.00M$754.00M
QoQ Change+17.4%-4.9%+0.0%-19.8%-4.8%-60.0%+7.2%-152.9%+143.2%+27.5%-153.8%+951.4%+47.3%+54.2%-30.7%-0.9%+11.2%+45.8%
YoY Change-10.5%-27.4%-69.5%-67.3%-121.6%-90.2%-68.8%-115.7%+352.5%+760.8%+941.5%>999%+56.0%+17.8%+11.4%
Range-$118.00M$754.00M
CAGR+4.8%
Avg YoY Growth+200.6%
Median YoY Growth-10.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Morgan Stanley's institutional securities — interest income (expense), operating?
Morgan Stanley (MS) reported institutional securities — interest income (expense), operating of $754.00M in Q4 2025.
How has Morgan Stanley's institutional securities — interest income (expense), operating changed year-over-year?
Morgan Stanley's institutional securities — interest income (expense), operating increased by 11.4% year-over-year, from $677.00M to $754.00M.
What is the long-term trend for Morgan Stanley's institutional securities — interest income (expense), operating?
Over 4 years (2021 to 2025), Morgan Stanley's institutional securities — interest income (expense), operating has grown at a -4.4% compound annual growth rate (CAGR), from $2.65B to $2.21B.
What does institutional securities — interest income (expense), operating mean?
The net profit or loss generated from the difference between interest earned and interest paid.

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